A Reddit trader claims to have found a new 'infinite money' glitch on Robinhood -- but the company denies it exists

Less than one month after Robinhood closed one "infinite leverage" loophole, a trader on the WallStreetBets sub-reddit claims to have found a new exploit on the trading app. The strategy involves an iron condor options trade and a higher-than-usual limit price, according to Reddit user Aidangamer28's Sunday post. The forum member noted the exploit works with any stock that offers "high payouts for short term, low risk iron condors." He highlighted a trade he conducted using Take-Two Interactive stock as an example. He also claims to have used the strategy with Facebook, Alphabet, and Amazon. Iron condor trades are ... (full story)